A Year After Sam Bankman-Fried’s Downfall, Solana and Other FTX Holdings Are Flying High
The value of FTX’s stake in Solana’s SOL token, for instance, has just added $1 billion in two weeks.
Finance
Team Behind Celsius Bidder NovaWulf Starts New Firm Called Valinor
Fahrenheit-Celsius thermometer (Mustang Joe/Flickr)
Circle Curbs Stablecoin Minting for Retail Users, Moving Closer to Tether’s Practice
USDC issuer Circle Internet Financial said it is curbing support for individual consumer accounts to mint stablecoins, with currently only accepting qualified institutional clients.
Tether Reports $3.2B Excess Reserves, but Lags in Reducing Secured Loans
Tether reported $3.2 billion of excess reserves backing the value of its stablecoins including USDT, according to its Q3 attestation released Wednesday.
BlackRock’s Bitcoin ETF Might Have Trading Support of Heavyweights Like Jane Street, Jump and Virtu: Source
Amid the crypto crackdown, a BTC ETF, if approved, would open a new pathway for U.S.-based firms to get a piece of the crypto action – in a way that plays to their conventional strengths.
On Bitcoin White Paper’s 15th Anniversary, Wall Street Threatens to Swallow Its One-Time Challenger
The titans of finance are increasingly driving a space that, to many, was designed to put them out of business.
LastPass Hack Victims Lose $4.4M in a Single Day
Hackers siphoned a total of $4.4 million in crypto from at least 25 LastPass users on Oct. 25, according to blockchain analyst ZachXBT.
Celestia’s TIA Token Trades at $3.15 on Futures Market Ahead of Airdrop
TIA, the native token of modular blockchain network Celestia, is trading at $3.15 on decentralized derivatives exchange Helix ahead being issued later this week.
Animoca Brands Courts $50M Investment From Saudi Arabia’s NEOM
Animoca will build Web3 service capabilities with global commercial application alongside NEOM to support its aspirations as a futuristic tech hub.
Sam Bankman-Fried Rebuffed Barry Silbert’s and Celsius’ Requests for Help, Ex-FTX CEO Testifies at His Trial
Digital Currency Group CEO Barry Silbert asked Sam Bankman-Fried for help, SBF testified Friday (DCG)